How it Works?
Document-based KYB begins with the client or merchant initiating the process, and configuring verification settings. Users provide required documents, tailored to country regulations. Shufti Pro extracts and verifies all the required data by cross-referencing with official registries for accuracy. Results are compiled into a detailed report for easy review.
- Request Initiation: Shufti Pro's client begins the process by initiating Document-based KYB, configuring business verification settings such as document proof, country, and email.
- Verification Process: Clients or end users are prompted to submit required documents such as business registration certificates, ownership proofs, financial statements, and address verification documents necessary for KYB verification. The specific documents required may vary based on the country's regulatory standards.
- Validation: Shufti Pro extracts and verifies data from the submitted documents. This entails cross-referencing the extracted data with the official registries of respective countries to ensure the highest level of authentication for businesses undergoing KYB verification.
- Result Reporting: The results of the verification process are compiled into a report for easy access and review.
Documents Collected
KYB is available in over 100+ countries. The specific documents required for verification vary based on the jurisdiction of the selected country.
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Check out all specifically supported documents for Document Based KYB against each country here. To know more about the documents collection, contact us at [email protected].
- Article of Incorporation
- Incorporation Certificate
- TIN Verification
- Trade License
- Trademark Registration Certificate
- Business License Certificate
